12-30-2020, 06:14 PM
Following is from https://investodisha.gov.in/industry-inf...-clusters/ .
Quote:ESDM Park, Bhubaneswar
Electronics and Information Technology is the fastest growing segment of Indian industry both in terms of production and exports. Government of India has also allowed 100% FDI under the automatic route in the Electronics Systems Design & Manufacturing sector.
The Government of Odisha has identified IT/ITES/ESDM sector as a priority sector and ESDM park project is being developed as Greenfield ESDM cluster situated in the capital city of Odisha. The project is abutting the NH-5 and is just 22 km from the airport. The project is setup over an area of 215 acres, with investment of about $ 32 million on creating a world class infrastructure. The park is co-located with major IT players and software developers amidst the 600 acre Info Valley and is expected to generate an employment of more than 12,000 highly skilled and semi-skilled personnel. The Park boasts of state-of-the-art infrastructure focusing exclusively on electronic components manufacturing, design and development with common production facilities.
The Government of Odisha has recently approved a Special Incentive Package Scheme for ESDM sector comprising of a number of incentives including subsidy on fixed capital investment for plant & machinery, exemption from Entry Tax on acquisition of machinery and equipment, Training subsidy, 100% VAT reimbursement for a period of 5 years, Exemption from electricity duty and inspection fees, exemption of water Duty and interest subsidy. The Scheme is expected to further enhance the interest of ESDM sector industries in setting up their facilities in the Park.
Download Project Brochure: https://investodisha.gov.in/Application/...ics_AW.pdf
Watch Video: https://www.youtube.com/watch?v=seaAeU_g-bY